Two-Story Office Building Near
For Sale
Contact for pricing
136 Fairground St SE, Marietta, GA 30060
7,500 SF office building near Marietta Square.
Property Size7,500 SF
Lot Size0.44 Acres
Price / SF$226.67
Days on Market701
Property Features for 136 Fairground St SE
General Information
Standard status
Active
Size
7,500 SF
Lot size
0.44 Acres
Property subtype
Office
Building Details
Stories
2
Listing Agency:
McWhirter Realty Partners LLC
Listed By:
Justin Carswell · License #GA
(678) 385-2715
Source:
Crexi
Added: Nov 8, 2024
Changed: Oct 4
Last Checked: Oct 9 at 4:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McWhirter Realty Partners LLC
Investment Insights
Based on property information with market context.
This is a 7,500 square foot two-story building situated on approximately 0.44 acres. The property features a spacious layout with modern finishes and ample parking. It is located in close proximity to Marietta Square, offering convenient access to I-75, Highway 41, and Highway 120. Additionally, the property is located on a MARTA bus line.
Key Highlights
- Prime location near Marietta Square with easy access to I‑75, Highway 41, and Highway 120.
- Spacious 7,500± sf two‑story building.
- Ample parking available.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,433
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,008,660
$2.0M
Cap Rate 7%
$1,434,757
$1.4M
Cap Rate 9%
$1,115,922
$1.1M
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$179.0K $23.87/SF
− Vacancy
−$45.1K −$6.02/SF
EGI
$133.9K $17.85/SF
− OpEx
−$33.5K −$4.46/SF
NOI
$100.4K $13.39/SF
Area
Cobb County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,008,660
Cap Rate 7%
$1,434,757
Cap Rate 9%
$1,115,922
Alternative Uses
Best Use
Office B
$1.43M
$1.26M – $1.67M
NOI $100,433 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.84M – $2.46M
NOI $147,420 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,562
Businesses Nearby
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Business Placement
Demographics for 30060, GA
39,890
Population
15,036
Households
2.7
Avg Household Size
32
Median Age
29%
College-Educated
79%
High-School Grad
15.5 sq mi
ZIP Area
2,574
Density / Sq Mi
$62,180
Median Household Income
$34,537
Median Earnings
$1,344
Median Rent
$282,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - 7,500 SF office building near Marietta Square.
Where is this office building located?
The property is located at 136 Fairground St SE Marietta, GA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Prime location near Marietta Square with easy access to I‑75, Highway 41, and Highway 120.; Spacious 7,500± sf two‑story building.; Ample parking available.
